Data as of Oct 28, 2026.

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EMB vs VCLT: Differences, Returns & Fees

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EMB's duration was 6.5 years on Jul 31, 2026 and VCLT's 12.0 on May 31, 2026; VCLT charges 0.03% to EMB's 0.39%.

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Net assets: $13.2bn on Oct 28, 2026 for iShares J.P. Morgan USD Emerging Markets Bond ETF, and $7.5bn on Sep 30, 2026 for Vanguard Long-Term Corporate Bond ETF.

At a glance
−0.4%
EMB total return, 1 year
−5.9%
VCLT total return, 1 year
0.39%
EMB expense ratio
0.03%
VCLT expense ratio

Pair scorecard

VCLT costs 0.36 points a year less; their one-year returns differ by 5.5 points; EMB is 1.7 times larger.

EMB vs VCLT: Differences, Returns & Fees
MeasureEMBVCLT
Return
Total return, 1 year−0.4%−5.9%
Drawdown
Below its high3.5%, high on Jun 29, 202617.8%, high on Sep 22, 2021
Benchmark
What it tracksJ.P. Morgan EMBI Global Core IndexBloomberg U.S. 10+ Year Corporate Bond Index
Cost and size
Expense ratio0.39%0.03%
Net assets, as of Sep 30, 2026$12.9bn$7.5bn
Holdings
Holdings in common0%

Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026. Method

What they share

0%

By the books each fund has filed, EMB and VCLT hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EMB VCLT
Only in one fund ↓
Only in EMB
Argentina Republic Government International Bonds, due Jul 9, 2035 1.21%
Ecuador Government International Bonds, due Jul 31, 2035 0.78%
Argentina Republic Government International Bonds, due Jan 9, 2038 0.70%
Argentina Republic Government International Bonds, due Jul 9, 2030 0.65%
Argentina Republic Government International Bonds, due Jul 9, 2041 0.57%
Ghana Government International Bonds, due Jul 3, 2035 0.55%
Uruguay Government International Bonds, due Jun 18, 2050 0.51%
Eagle Funding Luxco Sarl, due Aug 17, 2030 0.50%
Only in VCLT
ANHEUSER-BUSCH, due Feb 1, 2046 0.37%
CVS HEALTH CORP, due Mar 25, 2048 0.33%
META PLATFORMS, due Nov 15, 2055 0.28%
BOEING CO, due May 1, 2050 0.27%
PFIZER INVSTMNT, due May 19, 2053 0.27%
AMAZON.COM INC, due Mar 13, 2056 0.26%
ORACLE CORP, due Feb 4, 2056 0.24%
AT&T INC, due Sep 15, 2053 0.23%
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Side by side

EMB iShares J.P. Morgan USD Emerging Markets Bond ETF VCLT Vanguard Long-Term Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks the J.P. Morgan USD Emerging Markets Bond Tracks an index of Long-Term Corporate Bond
Total return, 1 year −0.4% −5.9%
Expense ratio 0.39% 0.03%
Holdings 622 2562
Net assets, EMB as of Oct 28, 2026 and VCLT as of Sep 30, 2026 $13.2bn $7.5bn

EMB and VCLT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
EMB

EMB tracks the J.P. Morgan USD Emerging Markets Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.39% a year. It sat 3.5% below its high of Jun 29, 2026 on Oct 28, 2026.

VCLT

VCLT tracks an index of Long-Term Corporate Bond. Over the year to Oct 28, 2026 it returned −5.9% with distributions reinvested. The prospectus expense ratio is 0.03% a year. It sat 17.8% below its high of Sep 22, 2021 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EMB or VCLT?
In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and VCLT −5.9%.
Which is cheaper, EMB or VCLT?
VCLT is cheaper, by 0.36 percentage points a year. That is about $36 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, EMB against VCLT, data as of Oct 28, 2026. https://etfiq.com/compare/any/emb-vs-vclt

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